U.S. tells T-Mobile, Sprint to wrap up divestiture deal - source

WASHINGTON (Reuters) - The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on Thursday. CNBC was the first to report the ultimatum

ReutersJul 19, 2019 02:05:49 IST

WASHINGTON (Reuters) - The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on Thursday.

CNBC was the first to report the ultimatum.

(Reporting by David Shepardson and Diane Bartz; Editing by Leslie Adler)

This story has not been edited by Firstpost staff and is generated by auto-feed.